Home » money » Page 10

money

Biafra group threatens violence, orders oil companies out of Bakassi peninsula

FIle Photo The militia wing of the Biafra Nations League (BNL) has issued a quit notice to companies operating under Nigeria in the Bakassi peninsula. The group alleged that Nigeria gets 60 percent of the oil in the region and uses the money to “sponsor” the Nigerian military against secessionist. A BNL commander alias ‘Aso Rock’ accused the federal government of “killing armless pro-Biafra supporters in Imo State and Rivers State”. The native of Bakassi stated that Nigeria no longer had rights over the area since its territorial ownership was ceded to Cameroon. “We have asked the oil companies paying tax to the Nigerian government to evacuate, no deadline was given as we can chase them away anytime. “They cannot be drilling our oil to be developing the north and sponsoring military operat...

Ekiti governor suspends ongoing recruitment of teachers

Gov. Kayode Fayemi of Ekiti State has suspended the ongoing teachers recruitment exercise over economic crisis posed by the Coronavirus (COVID-19) pandemic. The governor directed immediate refund of money paid by successful candidates in the recruitment exercise conducted by the State Teaching Service Commission (TESCOM). Mr Babatunde Abegunde, Chairman of TESCOM, who made this known in Ado Ekiti on Thursday said the directive was due to the commitment of the governor to the general welfare of the people in the state and the need not to make new entrants into the public service suffer unduly. The News Agency of Nigeria (NAN) reports that about 100 candidates may have been affected by the directive. Abegunde explained that monies to be refunded covered those paid by the candidates for the p...

Police arrest 17 kidnap, robbery suspects in Sokoto

The Police Command in Sokoto State on Thursday said it arrested no fewer than 17 suspects over armed robbery, kidnapping and other criminal activities in the state. Mr Kamaldeen Okunlola, the state Commissioner of Police, disclosed this to newsmen in Sokoto. Okunlola said that the command on March 4, arrested one Jabbi Wanto, over criminal conspiracy and kidnapping of two persons in Tamba Garka village of Wurno Local Government Area of the state. “The people of the village reported that on March 4, at about 3 a.m unknown bandits in large number invaded their houses and kidnapped two persons to unknown destination. “The villagers mobilised themselves and followed the bandits where the victims were rescued and Wanto was arrested, who during investigation confessed to have conspired with one ...

UN: Around $1 billion needed for Nigeria humanitarian crisis

The United Nations estimated Tuesday that around $1 billion were needed to respond to the humanitarian crisis in northeast, where 5.1 million people are at risk of acute hunger. Despite ongoing military operations to end a decade-long jihadist insurgency, the conflict continues to kill and force people from their homes. “As many as 5.1 million people are threatened by acute hunger during the upcoming lean season – the worst outlook in four years,” the UN’s office for the coordination of humanitarian affairs said in a statement. Nigeria’s humanitarian community, in partnership with the government, launched its Humanitarian Response Plan for 2021, requesting $1.0 billion to provide humanitarian assistance, up from $839 million last year. In 2020, funding was severely affected by the Covid-19...

Cristiano Ronaldo refuses to do a post-match interview

Cristiano Ronaldo appears to hint that all isn’t well with him at Juventus after refusing to make any post-match comments. The Portuguese attacker scored a hat-trick as the Bianconeri beat Cagliari 3-1 to boost their chances of retaining their league title. His performance was one that needed him to speak after the game, considering that he would take the match ball home and has never scored in the stadium before. Calciomercato reports that after the game, he was asked for an interview and he told the communications manager of the club that he didn’t want to make any statements. By doing so, he rejected the chance to put some news about his future to bed once and for all. He has been criticized for failing to help the Bianconeri win the Champions League after dominating the competition whe...

Nigerian government distributes N20,000 each to 2,900 women in Benue

The Federal Government has disbursed N20,000 each to 2,900 women in Benue to improve their living standards. Mrs Sadiya Farouq, Minister of Humanitarian Affairs, Disaster Management and Social Development, said this on Saturday in Makurdi during the inauguration of the grant for rural women project. Farouq, represented by the Permanent Secretary, Alhaji Bashir Alkali, said that a cash of N20,000 would also be disbursed to about 125,000 poor women across the 36 states of the federation including the Federal Capital Territory. “Our target in Benue is to disburse the grant to about 2,900 beneficiaries across all local government councils. “The grant is expected to increase income and productive assets of target beneficiaries. “It is our hope that the beneficiaries of this programme will make ...

Watchout Bitcoin, NFTs Looks To Be The Next Crytpo Wave

HipHopWired Featured Video Source: Chesnot / Getty Cryptocurrencies like Bitcoin are currently all the rave with investors, but lately, NFTs (nonfungible tokens) have grabbed the spotlight. Now, you might be asking what the hell is an NFT? Well, per the New York Times, an NFT is defined as “an asset verified using blockchain technology, in which a network of computers records transactions and gives buyers proof of authenticity and ownership. The current boom is mostly for digital assets, including images, GIFs, songs, or videos. Most importantly, NFTs make digital artworks unique, and therefore sellable.” So why should NFTs be on your radar? You should be paying attention to NFTs becuase it is quickly becoming artists, musicians, influencers, and sports franchise’s way to monetize digital ...

Senator Okorocha meets VP Osinbajo over feud with Governor Uzodinma

Rochas Foundation The former Governor of Imo State and Senator representing Imo West Senatorial District, Owelle Rochas Okorocha, Wednesday took the feud between him and Governor Hope Uzodinma to the Presidency. Senator Okorocha after meeting behind closed doors with Vice President Yemi Osinbajo told State House correspondents that he would not want an escalation of the conflict arising from the government’s sealing of some of his property in Owerri, the Imo State capital, insisting that he wants peace to reign in the state. The proponent of ‘Iberiberism’ doctrine also said that becoming governor was a sacrifice for him. According to him, “The whole thing to me sounds like a movie, a joke, a dream that does not reflect any practical reality, but I am a father, I’m a leader of that state an...

Court refuses to unblock Shell’s bank accounts

Getty Images Justice Oluremi Oguntoyinbo of the Federal High Court in Lagos on Tuesday declined to vacate an interim injunction directing 20 banks to block Shell Petroleum Development Company of Nigeria (SPDC) and its subsidiaries’ bank accounts. The court also insisted that two of the banks’ secretaries and chief financial officers accused of disobeying the order made on January 25, 2021 must appear before it on March 29, 2021. The affected banks and their officials are: Citi Bank Ltd, its Company Secretary Sola Fagbure and Chief Financial Officer, Sharaf Mohammed; United Bank For Africa (UBA) Plc, its Company Secretary Bill Andrew Odum and Chief Financial Officer, Ebenezer Kolawole. The judge threatened to issue a warrant of arrest against them if they failed to appear before her on the ...

EFCC arraigns three for contract scam in Kaduna

The Economic and Financial Crimes Commission, EFCC, Wednesday, arraigned the trio of Abdulmumin Ohikwo, Usaini Shehu and Rilwanu Abdullahi before Justice Tukur Muazu of the Kaduna State High Court, Kaduna, on a 10-count charge of obtaining by false pretense. The defendants allegedly conspired among themselves to defraud the complainants under the pretext of helping them procure contracts with Jigawa State Government. Investigation revealed that the defendants obtained the total sum of N2, 310,000 (Two Million Three Hundred and Ten Thousand Naira) only from the complainants by falsely representing that they are in a position to procure contract for them. One of the charges reads, “that you Abdulmumin Ohokwo, Usaini Shehu and Rilwanu Abdullahi sometime in 2019 within the jurisdiction of this...